Brian invests £1500 into his bank account. He receives 2% per year simple interest. How much will Brian have after 3 years? Give your answer

Question

Brian invests £1500 into his bank account. He receives 2% per year simple interest. How much will Brian have after 3 years? Give your answer to the nearest penny where appropriate

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Euphemia 3 years 2021-08-14T04:55:54+00:00 1 Answers 65 views 0

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  1. Doris
    0
    2021-08-14T04:57:49+00:00
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    Answer:

    1590

    Step-by-step explanation:

    1500 x 0.02

    = 30

    30 x 3

    = 90

    1500+90 = 1590

    (ps.. there was an equation for this i just forgot it, you can look it up and check it)

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